Ningbo Zhoushan Port Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Zhoushan Port has a total shareholder equity of CN¥84.2B and total debt of CN¥9.1B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥114.7B and CN¥30.5B respectively. Ningbo Zhoushan Port's EBIT is CN¥4.9B making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥8.0B.
Key information
10.8%
Debt to equity ratio
CN¥9.12b
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥8.00b |
| Equity | CN¥84.18b |
| Total liabilities | CN¥30.48b |
| Total assets | CN¥114.66b |
Recent financial health updates
Is Ningbo Zhoushan Port (SHSE:601018) Using Too Much Debt?
Nov 20
We Think Ningbo Zhoushan Port (SHSE:601018) Can Stay On Top Of Its Debt
Jul 26Recent updates
Is Ningbo Zhoushan Port (SHSE:601018) Using Too Much Debt?
Nov 20Investors Could Be Concerned With Ningbo Zhoushan Port's (SHSE:601018) Returns On Capital
Oct 24Insufficient Growth At Ningbo Zhoushan Port Company Limited (SHSE:601018) Hampers Share Price
Sep 27We Think You Should Be Aware Of Some Concerning Factors In Ningbo Zhoushan Port's (SHSE:601018) Earnings
Sep 05We Think Ningbo Zhoushan Port (SHSE:601018) Can Stay On Top Of Its Debt
Jul 26Investors Could Be Concerned With Ningbo Zhoushan Port's (SHSE:601018) Returns On Capital
Jul 05Insufficient Growth At Ningbo Zhoushan Port Company Limited (SHSE:601018) Hampers Share Price
Jun 13Ningbo Zhoushan Port's (SHSE:601018) Returns Have Hit A Wall
Mar 21Lacklustre Performance Is Driving Ningbo Zhoushan Port Company Limited's (SHSE:601018) Low P/E
Feb 28Financial Position Analysis
Short Term Liabilities: 601018's short term assets (CN¥19.0B) do not cover its short term liabilities (CN¥20.7B).
Long Term Liabilities: 601018's short term assets (CN¥19.0B) exceed its long term liabilities (CN¥9.8B).
Debt to Equity History and Analysis
Debt Level: 601018's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: 601018's debt to equity ratio has reduced from 33.6% to 10.8% over the past 5 years.
Debt Coverage: 601018's debt is well covered by operating cash flow (75.6%).
Interest Coverage: 601018 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 07:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ningbo Zhoushan Port Company Limited is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xin Yang | China International Capital Corporation Limited |
| Xianda Ding | Everbright Securities Co. Ltd. |
| Jianjian Li | Founder Securities Co., Ltd. |